Thursday, February 6, 2014

I usually joke to students that Brazilians are more creative than Argentinians. While in Brazil we are always inventing new ways to mess with our economy, in Argentina they always make the same mistakes over and over again.

This WSJ article has a quote that summarizes it all: ""Our cycles are almost biblical," It is such a shame to see a country that has a well educated work force and decent infrastructure to keep suffering from the same type of mismanagement over and over again. Let 's see how long it will take for the bust to come this time.